In 1993, our founding partners established Trident Capital with a vision to invest in information technology and business services companies.
In our early days, we funded and helped to create Mapquest, a pioneering Internet business that became synonymous with online directions. In our business services sector, we invested in companies including Cable Services Group (payment and billing services for cable companies) and Pegasus (online reservations for the travel industry) and guided them through highly successful IPOs.
The firm expanded its core focus on Information and Business Services to include Cybersecurity, Healthcare IT, Internet and Marketing Services and Cloud and Enterprise IT.
From our first fund in 1993 to our seventh fund in 2010, we raised over $1.9 billion and invested in more than 180 companies.
In 2015, the partners of Trident Capital formed two new firms, Forgepoint Capital, a venture capital firm focused exclusively on cybersecurity, and Sunstone Partners, a growth equity firm focused on technology enabled business services. The Trident Capital team continues to work together to manage the Trident Capital portfolio.